Arque Advisors, LLC (Rye)

Name: Arque Advisors, LLC
Address: 720 Milton Road, Rye, NY, 10580
Telephone: 914-967-8900

Arque Advisors, LLC is an adviser based in Rye. It manages $7.43 million of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

Arque Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Arque Advisors: assets under management

The assets under management (AUM) of Arque Advisors, LLC is $7.43 million. The firm's AUM has gone down by -81% since the beginning of its operation, and $110 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $6.11 million in discretionary accounts and $1.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $138.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $441.67 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arque Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Arque Advisors serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Arque Advisors is high net worth individuals with 11 clients and $5.32 million of assets under management. Among the 3 most similar advisory firms, Arque Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $7.43 million for 44 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Arque Advisors also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $50,000.

Careers at Arque Advisors, LLC

The company employs 7 people that are either part- or full-time employees. 14 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David George Bullock	Managing director , chief operating officer and chief compliance officer	1 Jul 2007	50% - 75%	2550140
Peter Ordway Bullock	Assistant vice president	1 Jul 2007	Other	5401987
Richard David Staves	Managing director	1 Jul 2007	Other	1879748
Lynelle Susan Jones	Managing director	1 Nov 2007	Other	1029557
Andrew Hugh Lampert	Managing director	1 Nov 2007	Other	1845140
Robert Wayne Tam	Managing director	1 Jan 2009	Other	5776602
Erik Leif Olsen	Managing director	1 Dec 2009	25% - 50%	2089532
Scott Douglas Gordon	Managing director	1 Feb 2010	Other	4135990
Arthur Denny Gardiner	Managing director	1 Feb 2010	Other	5776565
Meridee Kelbey Olsen	Managing director	1 Feb 2010	Other	4509924
Thomas William Tomljanovic	Senior vice president	1 Nov 2010	Other	5003840
Jonathan White Peters	Managing director	1 Jun 2012	Other	1497288
William Goodwyn Ferrell	Managing director	1 Mar 2013	Other	1248580
Henrik Neuhaus	Senior vice president	1 Jul 2013	Other	6224577
George Laverne Hudspeth	Senior vice president	1 Dec 2013	Other	4385619
Louis A Picolo	Senior vice president	1 Feb 2016	Other	6620058
Louis A Piccolo	Senior vice president	1 Feb 2016	Other	6620058
Thomas William Tomljanovic	Managing director	1 Mar 2017	Other	5003840
William Goodwyn Ferrell	Managing director	1 Mar 2017	Other	1248580
Harold Simon Simon Melandri	Managing director	1 Mar 2017	Other	2719392
Peter Claflin Pierce	Manager	1 Mar 2018	Other	2418961

Based in Rye

The principal office where Arque Advisors, LLC performs its advisory services is located at 720 Milton Road, Rye, NY 10580 The mailing address of the firm is Po Box 218, Rye, NY 10580. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-967-8900. The normal business hours are 9:00-5:00 est on Monday - Friday. You can find more information about the New York firm at arqueadvisors.com.